I'm thinking the same thing.
Since Wednesday 8/5/19 until now, the last 10 trading days, we have seen more than 210mil shares traded (or churned perhaps) out of the 757mil on issue, or around 28%. The buyers just keep coming and on no news.
It has to be a bloody good project / JV they are looking at or at longer odds a big rich discovery in Namibia from the drilling they were finishing up.
All just my speculation of course as to what may be driving the action we are seeing in the SP.
There is always a reason behind spending.
I'm thinking the same thing. Since Wednesday 8/5/19 until now,...
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Last
1.3¢ |
Change
0.002(13.6%) |
Mkt cap ! $27.92M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $228.9K | 19.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 9023667 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1318420 | 5 |
View Market Depth
| Last trade - 11.39am 24/06/2024 (20 minute delay) ? |
| CLA (ASX) Chart |